AASOC

Auditing and Assurance Standards Oversight Council

About AASOC

The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).

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Observe an AASOC meeting

Did you know AASOC meetings are open to the public? Register as an observer for a front row seat!

Upcoming meetings & events

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June 13-14, 2019 AASOC Meeting – June 13 – 14, 2019 June 13, 2019 - 9:00 am to 5:00 pm (EST)                       June 14, 2019 - 8:30 am to 12:30 pm (EST) Toronto, ON

Attend the upcoming AASOC meeting in person! The Council will discuss a number of topics, including an update from the AASB, reports from the Nominating and Governance Committee as well as the Performance Review Committee. Register today!

Meeting & event summaries

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February 11-12, 2019 AASOC Meeting Minutes – February 11-12, 2019

At its public meeting in Toronto, the Council discussed the activities of the AASB and other related matters. The Council also heard an update on the activities of its Performance Review Committee and its Nominating and Governance Committee. Read the full report for more information.

February 1, 2019 AASOC Meeting Minutes – Feb 1, 2019

During a conference call, the Council discussed the AASB’s due process activities for deferring disclosure of the engagement partner name as required in CAS 700, Forming an Opinion and Reporting on Financial Statements. Read the full report for more information.

December 20, 2018 AASOC Meeting Minutes – Dec. 20, 2018

At its public meeting in Toronto, the Council discussed the activities of the AASB, the Independence Task Force, and other related matters. The Council received updates on the activities of the Nominating and Governance Committee, Performance Review Committee, and the Public Trust Committee. Read the full report for more information.

News

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March 25, 2019 News
Appointments – AASOC and the AASB

AASOC is pleased to announce membership changes effective April 1, 2019. See the appointments page for full details.

February 8, 2019 News
AASB Updates Terms of Reference

At its December 20, 2018 meeting, AASOC approved a revised AASB Terms of Reference and ratified the AASB’s new Statement of Operating Procedures, to align with both the AcSB and PSAB.

September 14, 2018 News
Tradition and innovation: best practices for better standard-setting oversight – AASOC 2017-2018 Annual Report

AASOC balanced continuity and continuous improvement in 2017-2018: we continued our joint review with AcSOC and revised our Terms of Reference, and diversified and strengthened our membership – notably recruiting a compensated AASB Chair. Read more in our annual report.